Tuesday, May 16, 2017
hmm containership
Maritime News

The Hanjin Effect: Improved First-Quarter May Be Turning Point for HMM

By Alexander Whiteman (The Loadstar) – Hyundai Merchant Marine (HMM) has calmed the waters that led it to the brink of bankruptcy with first-quarter results showing a reduction in operating...

May 16, 2017
Total Views: 43

Wednesday, February 1, 2017
Maritime News

MSC Confirms Acquisition of Hanjin’s Stake in U.S. Ports Operator

LONDON, Feb 1 (Reuters) – A unit of Swiss shipping group MSC has bought a stake in U.S. ports operator Total Terminals International (TTI) from Hanjin, MSC said on Wednesday,...

February 1, 2017
Total Views: 18

Wednesday, January 18, 2017

U.S. Judge Approves Hanjin Terminal Sale

By Jim Christie SAN FRANCISCO, Jan 18 (Reuters) – Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on Wednesday for the $78...

January 18, 2017
Total Views: 14

Wednesday, January 4, 2017
Maritime News

Hanjin Shares Surge on Report Asset Sale to Close Next Week

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a local media report that the sale of the collapsed...

January 4, 2017
Total Views: 0

Wednesday, December 21, 2016
Maritime News

Commission Weighs MSC Offer for Hanjin Shipping Terminal at Port of Long Beach

The Long Beach Board of Harbor Commissioners is set to consider an offer from a unit of Mediterranean Shipping Company to purchase Hanjin Shipping’s majority stake in the long-term lease...

December 21, 2016
Total Views: 27

Monday, December 5, 2016
hanjin ship

Shipping Alliance Prepares Contingency Plans for Another Bankruptcy

By Mike Wackett (The Loadstar) – In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism, to be used if one of its member...

December 5, 2016
Total Views: 1

Friday, November 25, 2016
Maritime News

Hyundai Merchant Marine Preferred Bidder for Hanjin Shipping’s Algeciras Terminal

SEOUL, Nov 25 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd (HMM) said on Friday it was chosen as preferred bidder to buy a port terminal in Algeciras, Spain,...

November 25, 2016
Total Views: 22

Monday, November 14, 2016
Maritime News

Korea Line Picked as Preferred Bidder in Hanjin Fire Sale

Note: The headline of this article previously incorrectly stated Hyundai Merchant Marine as being selected as the preferred bidder for some of Hanjin’s assets. The headline has been updated.  By...

November 14, 2016
Total Views: 0

Sunday, November 13, 2016

Shrinking Hanjin Fleet Signals Fall of Korean Shipping Industry

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels...

November 13, 2016
Total Views: 12

Thursday, October 27, 2016

HSH Nordbank Seals Charter of Hanjin Ships to Maersk

LONDON/FRANKFURT, Oct 27 (Reuters) – Germany’s HSH Nordbank has arranged a deal which will see six container ships from collapsed South Korean line Hanjin chartered out to Denmark’s AP Moller...

October 27, 2016
Total Views: 11

Monday, October 24, 2016
Maritime News

Hanjin Cleared to Wind Down European Business

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing for bankruptcy protection late August, won approval from...

October 24, 2016
Total Views: 16

Thursday, October 20, 2016

Hanjin Shipping in Talks to Sell Long Beach Terminal to MSC

By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based Mediterranean Shipping...

October 20, 2016
Total Views: 1

Tuesday, October 18, 2016
hmm containership

Hyundai Merchant Marine May Bid for Hanjin’s Asia-U.S. Business

By Joyce Lee and Keith Wallis SEOUL/SINGAPORE, Oct 18 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd said on Tuesday it may submit a preliminary bid for Hanjin Shipping...

October 18, 2016
Total Views: 1

Thursday, October 13, 2016
hanjin ship
Maritime News

Hanjin Shipping Puts Asia-U.S. Shipping Network Up for Sale

By Joyce Lee SEOUL, Oct 13 (Reuters) – South Korea’s Hanjin Shipping Co Ltd is selling major businesses, including its Asia to U.S. route network, and will receive letters of...

October 13, 2016
Total Views: 1

Tuesday, October 11, 2016
Maritime News

Seoul Court Considers Selling Hanjin’s Asia-U.S. Business

By Kyunghee Park (Bloomberg) — The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of the sales-and-marketing network of the container line’s...

October 11, 2016
Total Views: 28

Thursday, September 29, 2016
Maritime News

Cosco Eyes Hanjin Terminals After $738 Million Abu Dhabi Deal

By Bloomberg News (Bloomberg) – China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some container-terminal assets of the troubled Hanjin Shipping Co. after...

September 29, 2016
Total Views: 19